Signing of the agreement to merge Zodiac Aerospace into Safran and setting of the exchange ratio
(WorldNews Europe)

NOT FOR DISTRIBUTION DIRECTLY OR INDIRECTLY IN THE UNITES STATES OF AMERICA Paris, October 19, 2018 Safran (Euronext Paris : SAF) and Zodiac Aerospace today signed an agreement for the merger of Zodiac Aerospace into Safran, as announced on June 1, 2018. The planned merger will be submitted for the approval of Safran`s Extraordinary Shareholders` Meeting to be held on November 27, 2018. The transaction follows on from Safran`s acquisition of Zodiac Aerospace in the first quarter of 2018, further to the close of Safran`s tender offer for Zodiac Aerospace shares. The merger will allow Safran to continue to streamline the structure of the new Group. The...